A detailed study of the rise of an important railway labor organization which embraces so largely the “white-collar” workers on the US railroads. Presented essentially from the standpoint of what the author not inexactly calls “business unionism,” it necessarily gives a one-sided picture of this thoroughly conservative craft union. For example, only a few mildly critical pages are devoted at the end to the notorious banking enterprise of the union which collapsed in 1930 and no word at all is said about the scandal in “business unionism” created in 1924 by former Grand President E.H. Fitzgerald and his Railroad Brotherhoods’ Investment Corporation which, though it soon blew up with a bad odor, did not prevent this labor Ponzi from being exonerated and reflected to his post at the 1925 convention of the union.